WEST VIRGINIA (LOOTPRESS) – Seven Big Lots locations in West Virginia may remain open as part of a takeover deal, according to a bankruptcy court filing submitted Monday.
Gordon Brothers Retail Partners, which acquired the struggling retailer, has identified 200 stores across 15 states that are slated to continue operations under new ownership.
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Variety Wholesalers Inc. is expected to take over the selected locations, with plans to keep them operating under the Big Lots brand.
West Virginia has seven stores on the preliminary list:
- Beckley – 4522 Robert C. Byrd Drive
- Bridgeport – 104 Thompson Drive
- Charleston – 118 Hills Plaza
- Elkins – 710 Beverly Pike
- Martinsburg – 110 Eagle School Road
- Oak Hill – 291 Mall Road
- Princeton – 1350 Stafford Drive
The filing also lists locations in neighboring states, including Ohio (27 stores), Pennsylvania (22), and Virginia (17).
Any objections to Variety Wholesalers’ acquisition of these stores must be filed by Feb. 18 at 4 p.m. ET. However, a spokesperson for Gordon Brothers told Fast Company that the list is not final, and additional locations may be added.
Meanwhile, Gordon Brothers has also placed hundreds of Big Lots store leases up for sale, potentially opening the door for other retailers to take over vacated spaces.
Big Lots, headquartered in Columbus, Ohio, operates 872 stores across the U.S.
The company has faced financial struggles in recent years, leading to the sale and restructuring effort.
